When trading cryptocurrencies with leverage (e.g., x5 or x10), these numbers indicate that you can trade with a larger amount than your actual capital, amplifying both profits and losses. Liquidation occurs when your losses reach a level where your account balance is insufficient to cover the borrowed funds, determined by a liquidation price, not a set time. Higher leverage brings the liquidation price closer to your entry price, increasing the risk of losing your capital quickly. To avoid liquidation, use lower leverage, set stop-loss orders, and maintain sufficient margin in your account. $USUAL $BTC $SOL #BTC☀ #USUALSpotLaunch
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Many people notice that when they sell a cryptocurrency on Binance, its value rises, and when they buy it, its value drops.
The feeling that the market moves against you is often due to emotional trading, such as fear and greed, or the lack of technical and fundamental analysis. Whales and high liquidity can also impact price movements, making the market seem unpredictable. Cognitive bias leads traders to focus on losing trades, believing the market is working against them. The solution lies in learning, creating a clear trading plan, sticking to a strategy, and avoiding random trades. Markets don’t target individuals; success requires patience, discipline, and proper risk management.
Don't cling to a losing currency: Learn the art of adaptation.
Ali and Khaled were investing in a promising cryptocurrency. Over time, the currency's value began to decline: Ali: Refused to sell the currency, holding on to the hope that its value would rise again. However, he continued to watch his losses increase day by day. Khaled: Realized the market was shifting, sold the currency at a small loss, and moved on to another cryptocurrency with growth potential. This allowed him to recover his losses and make profits.
The Moral of the Story: Change is part of the market: In the cryptocurrency world, profits don’t stay in one place. You must adapt and move quickly. Refusing to change leads to losses: Clinging to a losing investment could result in greater losses. Seeking new opportunities is the solution: The market is full of opportunities, but it takes courage to act and a strategy based on informed decisions. A small loss can lead to future gains: Selling at a slight loss can give you the chance to invest in another opportunity that brings greater returns.
It seems that the U.S. elections and Trump's victory have had a notable impact on the recent surge in cryptocurrency prices. This upward trend could continue until the inauguration in two months. However, it's worth noting that while political events can influence market sentiment, cryptocurrency prices are also affected by other factors such as global economic conditions, investor interest, and regulatory developments. Therefore, while the current trend might persist in the short term, other influences could play a role in the long run.